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DeSci Protocol BIO Protocol launches community proposal to "cross-chain BIO to Solana network"

DeSci Protocol BIO Protocol launches community proposal to "cross-chain BIO to Solana network"

CointimeCointime2024/12/26 02:00
By:Cointime

On December 26th, DeSci Protocol's BIO Protocol initiated a community proposal to "cross-chain BIO to the Solana network", with the aim of enhancing the accessibility and liquidity of the BIO token and other tokens in its ecosystem by deploying cross-chain bridges and liquidity pools. The proposal plans to deploy the BIO token contract on Solana and allocate an additional 1% of the funds in the ecological incentives to establish liquidity pools on Solana and potentially other chains, with a target liquidity depth of approximately $1 million. In addition, the liquidity pool will be actively managed by the protocol to optimize capital efficiency.

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